Why the scrapping of L&G's terminal illness exclusion matters

Common sense has finally prevailed

clock • 3 min read

After 30 years, a protection provider finally removes a contentious sentence of small print from its term assurance policy, writes Roger Edwards

Legal & General's terminal illness clause no longer has an exclusion in the last 12 months. Common sense has finally prevailed.  For these words, frequently discussed on Watchdog-type TV programmes and in the pages of the Daily Mail, are one of the reasons the public firmly believe that protection providers will use small print to wriggle out of claims. We first saw terminal illness benefits appear on protection products in the late 1980s. A few high profile news stories of terminally ill people facing financial hardship because they couldn't claim on their life policies emerged. ...

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